Primecap Management Co. CA Reduces Stake in Valero Energy Corporation

The investment firm sold 5,000 shares of the oil and gas company in the third quarter.

Feb. 28, 2026 at 11:04am

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Primecap Management Co. CA, an investment management firm, reduced its holdings in shares of Valero Energy Corporation (NYSE:VLO) by 13.7% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. Primecap Management Co. CA now owns 31,500 shares of the oil and gas company's stock, valued at $5,363,000 as of the filing.

Why it matters

Valero Energy is a major integrated oil and gas company, and changes in institutional ownership of its stock can provide insights into market sentiment and expectations for the company's performance. Primecap Management Co. CA's decision to reduce its stake in Valero may signal a shift in its investment strategy or outlook on the oil and gas industry.

The details

According to the 13F filing, Primecap Management Co. CA sold 5,000 shares of Valero Energy during the third quarter, reducing its total holdings to 31,500 shares. The firm's stake in Valero Energy was valued at $5,363,000 as of the filing. The filing also shows that other hedge funds have made changes to their Valero Energy positions, with some increasing their holdings and others, like Primecap, reducing their exposure.

Primecap Management Co. CA reduced its holdings in Valero Energy in the third quarter of 2026.

The players